IBM's $40B stock wipeout is built on a misconception: Translating COBOL isn't the same as modernizing it

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
InfoWorld

The browser is your database: Local-first comes of age

The thick client is making a comeback. Here’s how next-generation local databases like PGlite and RxDB are bringing ...

Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: What it is and why it wiped billions of dollar for IBM

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
InfoQ

Anthropic Study: AI Coding Assistance Reduces Developer Skill Mastery by 17%

Anthropic research shows developers using AI assistance scored 17% lower on comprehension tests when learning new coding ...
The Financial Express

Explainer: How Claude Code threatens to disrupt IBM’s mainframe biz

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

Will software engineering profession die in the age of AI? IBM stock bleeds as Claude Code writes COBOL scripts. What it means for techies

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...
TMCnet

Weaviate Launches Agent Skills to Empower AI Coding Agents

Bob van Luijt, Co-Founder and CEO of Weaviate—which he launched as an open-source vector search engine in March 2019—shared ...

Is IBM stock in the dividend bargain bin? | IBM

IBM stock fell over 13% in a single trading session, raising its forward dividend yield to 3% right now.

Anthropic Vs. IBM: AI Starts To Threaten Businesses (Rating Downgrade)

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...

When AI learns legacy: How code that rewrites itself is changing IT economics

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, threatening legacy IT services dependent on scarce expertise.